Yangzijiang shareholders ok spin-off of investment arm

Following approval, the spin-off will be listed in SGX.

Shareholders of Yangzijiang Shipbuilding have approved the proposed spin-off of its investment segment.

The approval was disclosed on 18 April via a bourse filing.

Following the go signal from shareholders, its newly incorporated company, Yangzijiang Financial Holdings (YZJFH) will be listed on the mainboard Singapore Stock Exchange.

Read more: Yangzijiang eyes SGX-listing of spin-off by end-April

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